As a publicly traded company, Labcorp's ownership is distributed among its shareholders. The majority of Labcorp's shares are held by large institutional investors, such as asset management firms and mutual funds, rather than a single individual or entity.
Understanding Labcorp's Ownership Structure
Labcorp (Laboratory Corporation of America Holdings) is listed on the New York Stock Exchange (NYSE) under the ticker LH. This means its shares can be bought and sold by investors on the open market. While individual investors certainly own shares, a significant portion of the company is typically owned by institutional investors due to their large capital pools and investment strategies.
These institutional holders often manage investments on behalf of millions of individual clients through various funds, pensions, and portfolios. Their holdings represent a substantial stake in the company, influencing corporate governance through their voting power on important company matters.
Top Institutional Shareholders
Based on recent filings and ownership profiles, the leading institutional owners of Labcorp include major investment management groups. These firms hold millions of shares, representing a significant percentage of the company's outstanding stock.
Here are some of the top institutional holders of Labcorp:
| Holder | Shares Held | % Outstanding Shares |
|---|---|---|
| The Vanguard Group, Inc. | 9,599,715 | 11.48% |
| BlackRock Institutional Trust Company, N.A. | 4,553,967 | 5.44% |
| State Street Global Advisors (US) | 3,726,627 | 4.46% |
| BlackRock Financial Management, Inc. | 2,054,008 | 2.46% |
For a comprehensive view of Labcorp's ownership profile, including detailed holdings and insider transactions, you can refer to the company's official Ownership Profile on its investor relations website.
